When was property at 572 Commonwealth Lane built and last sold?

The property at 572 Commonwealth Lane was built in 1972 and last sold on Sep 23, 2010 for $750,000.

How much is this home worth?

The estimated value of the home located at 572 Commonwealth Lane is $0.

What are some comparable homes to 572 Commonwealth Lane?

There are currently no comparable homes to 572 Commonwealth Lane.

Siesta Key

34242

Siesta Beach

572 COMMONWEALTH LANE

$1,300,000

● House - Off Market

572 COMMONWEALTH LANE

SARASOTA, FL 34242

3 Beds

2 Baths

1,902 Ft²

$8,868

Est. Monthly

$42

HOA / Fees

1.64%

Cap Rate

About This Property

INCREDIBLE VIEWS!.....INCREDIBLE ISLAND LOCATION!....INCREDIBLE INDOOR/OUTDOOR LIVING!....Turnkey Furnished & Located on a Quiet Cul-de-Sac street along the GRAND CANAL with Long Water Views ..... YOU will be "Wowed" by this 3 Bedroom/ 2 Bath Bright and Spacious Open Floor Plan that Seamlessly Flows to Over-Sized Screened Lanai with Heated Salt Water Pool--- Excellent for Entertaining as well as Everyday Activities****Updated Kitchen and Baths; Quartz Countertops & Luxury Vinyl Plank Flooring Throughout****Enjoy your Morning Coffee Poolside, Dinners Al Fresco and Sunset Cocktails Relaxing by the Waterside Fire-pit..... Ideal Property for the Boating Enthusiast with 10,000# Boat Lift & ease of Egress along the Grand Canal and just 5 minutes to the Intracoastal with Quick Access to the Gulf....and for the "Beach Lover"--- a quick bike ride to the Powdery White Sands of Top-Rated SIESTA KEY BEACH....Perfect as Investment, Vacation/Seasonal Property or Primary Residence!

Unit Size

1,902 Ft²

Days on Market

70 days

Land Size

0.28 acres

Price per sqft

$815

Property Type

House

Property Taxes

$1,215

HOA Dues

$42

Year Built

1972

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4653553)

Price History

Date / Event	Date	Event
Jul 31, 2025	Sold	Premium
Sold
Jul 9, 2025	In contract	-
In contract
Jun 25, 2025	Price Decreased	$1,550,000 ↓ $145K (8.6%)
Price Decreased
May 22, 2025	Listed by KELLER WILLIAMS ON THE WATER S	$1,695,000
Listed by KELLER WILLIAMS ON THE WATER S
Sep 27, 2010	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1972

Effective Year Built: 1987
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 690
Parking Space Count: 2
Patio Type: 5
Porch Type: 102
Pool Type: 8
Location Influence Type: 27

Dimensions

Lot Size Square Feet: 12,034

Total Building Area: 2,592
Gross Building Area: 2,592
Building Area: 1,902
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,902
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: SIESTAS BAYSIDE WATERSIDE EAST
Land Acres: 0000000276
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: LOT 40 SIESTAS BAYSIDE WATERSIDE EAST

Neighborhood

School District Name: Sarasota County School District

School Tax School District: L018 W190 A055
Census Tract: 001904

Zoning

Zoning: RSF2

Geography

Assessors Map Reference: 28A

Account Number: 0081030016
Subdivision Tract Number: 1764
Parcel: 0081-03-0016
Lot: 40
Meridian: SEC 12 TWN 37S RNG 17E
Municipality: SARASOTA COUNTY
Latitude: 27.2824
Longitude: -82.5561

Address

Full Address: 572 Commonwealth Ln

Address - House Number: 572
Address - Street Name: Commonwealth
Address - Suffix Type: Ln
State: FL
City Name: Sarasota
Carrier Code: C095
4-Digit Zip Code: 1246
Zip Code: 34242

Valuation

Tax

Total Area: 2,850

Tax Year: 2023
Tax Amount: $1,412,757
Tax Rate Code Area: 1892

Appraisal Valuation

Standard Deviation: 0.1931

Valuation Date: Jan 10, 2024
Confidence Score: 74
Final Value: 1,761,855
High Value: 2,102,077
Low Value: 1,421,633

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $1,404,600

Market Land Value: $1,210,500
Market Improvement Value: $194,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,404,600
Assessed Land Value: $1,210,500
Assessed Improvements Value: $194,100

Sales

Current Sale Contract Date: Sep 23, 2010

Current Sale Recording Date: Sep 27, 2010
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2010118081

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Siesta Beach

Stats & Trends

Median Asking:

$1,995,000

Sale Price/ft²

$841

Below Asking

0.02%

Average Days on Market

Average Home Size

2517 ft²

Average Home Age

40.3 years

Currently For Sale

13 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,500 /mo

2 Beds
2 Baths
1,368 ft²

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Unit for rent at 1001 Benjamin Franklin Drive, FL, 34236

$3,400 /mo

1 Bed
1 Bath
813 ft²

1001 Benjamin Franklin Drive #503, FL, 34236 Listing by Pamala Casey

Unit for rent at 1255 Dockside Place, FL, 34242

$3,600 /mo

3 Beds
2 Baths
1,737 ft²

1255 Dockside Place #211, FL, 34242 Listing by Susan Saltalamacchia

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Mike Martino
KELLER WILLIAMS ON THE WATER S
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# A4653553

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

572 COMMONWEALTH LANE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Siesta Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions